Overall CENT gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CENT was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, CENT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 33.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.68, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.36
We found 3 important support areas.
- A support zone ranging from 33.06 to 33.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.46 to 31.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @30.67 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 33.99 to 34.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.16 from a trend line in the weekly time frame.
- Resistance @39.63 from a horizontal line in the weekly time frame.
- Resistance @40.72 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CENT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CENT is up. |
| ChartMill Relative Strength | 22.46 | NEGATIVE | CENT has a low relative strength, it was outperformed by 77.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CENT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CENT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CENT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.56 | NEUTRAL | The RSI value for CENT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CENT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.28 | NEUTRAL | The Stochastics value for CENT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for CENT suggests some volalility. |
| Average Directional Index/ADX (14) | 28.7 | POSITIVE | The high ADX value value for CENT suggests a strong trend. |
33.71
-0.05 (-0.15%)
CENTRAL GARDEN & PET CO / CENT FAQ
Can you provide the ChartMill technical rating for CENTRAL GARDEN & PET CO?
ChartMill assigns a technical rating of 4 / 10 to CENT.
Can you provide the trend direction for CENTRAL GARDEN & PET CO?
The current trend direction for CENTRAL GARDEN & PET CO (CENT) is Bearish.
Can you provide the RSI signal for CENTRAL GARDEN & PET CO?
CENTRAL GARDEN & PET CO (CENT) has an RSI value of 57.5569. This indicates that the stock is currently neutral.
What is the MACD signal for CENTRAL GARDEN & PET CO (CENT) stock?
The MACD indicator for CENTRAL GARDEN & PET CO (CENT) has a value of 0.00745192, indicating a bearish trend.
What is the buy/sell signal for CENTRAL GARDEN & PET CO (CENT) stock?
The buy/sell signal for CENTRAL GARDEN & PET CO (CENT) is hold as the short term and long term trends are mixed.